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MORTGAGE MARKET UPDATE FOR THE WEEK ENDED AUGUST 17, 2018

Real estate

There was limited economic data that was released this week and the biggest impact on the markets was instability in Turkey which led investors to be more cautious this week.  Overall mortgage interest rates were largely unchanged for the week.

Next week the following events will occur and economic data will be released:

  1. The minutes from the August 1 Federal Reserve meeting will be released on Wednesday;
  2. The Existing Home Sales Report will be released on Wednesday;
  3. The New Home Sales Report will be released on Thursday; and
  4. The Durable Orders Report will come out on Friday.